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Hidden Risk in Reinsurance: Investment Fraud and Bank Failures

AutoDealer Today

Attorney urges reinsurance company owners and managers to actively mitigate the real and growing risks of investment manager misconduct and bank insolvency.

Banking 130
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Dealers can now offer open banking through Keyloop DMS

Motor Trader

Dealers using the Keyloop dealer management system (DMS) will now be able to offer open banking to customers. The DMS specialist has struck a deal with Vyne, the specialist open banking powered account-to-account payment provider.

Banking 105
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Paragon Bank appoints new motor finance division MD

Motor Trader

Paragon Bank has appointed Dave Wilson as Managing Director of its Motor Finance division, following Julian Rance’s retirement. His 25 year career in financial services includes work with Close Brothers, Bank of Scotland and MotoNovo Finance. Wilson joined Paragon’s Motor Finance division in 2017.

Banking 105
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Tesla investor accuses Elon Musk of insider trading that banked him $7.5 billion

Auto Blog

Filed under: Renault Continue reading Tesla investor accuses Elon Musk of insider trading that banked him $7.5 billion Tesla investor accuses Elon Musk of insider trading that banked him $7.5 billion originally appeared on Autoblog on Fri, 31 May 2024 22:57:00 EDT. Please see our terms for use of feeds.

Banking 120
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Tesla Robotaxis Coming With Human Teleoperators In 2025, Says Deutsche Bank

Carscoops

A new report from Deutsche Bank says Tesla plans to use remote drivers for robotaxis in 2025. On December 5, Deutsche Bank hosted an Autonomous Driving Day in New York City, featuring Tesla executive Travis Axelrod. Now, we know more about that plan based on documents from the Deutsche Bank meeting reviewed by Carscoops.

Banking 111
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2025 Ford Bronco Sport Sasquatch steps out from Bronco’s big foot

Motor Authority

Sasquatch packages can be fitted on the Outer Banks or Badlands models Sasquatches add Bilstein shocks, all-terrain tires, skid plates, and other off-road accessories Every 2025 Bronco Sport comes with a 12.3-inch inch instrument cluster and a 13.2-inch

Banking 286
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Chancellor launches bid to protect banks from motor finance commission pay-outs

Motor Trader

Chancellor Rachel Reeves has intervened in the motor finance commission case in a bid to protect banks and finance houses from paying out hundreds of millions of pounds in compensation to consumers. The judgment related to fixed commission motor finance agreements as well as DCAs, which the FCA banned in 2021.

Banking 105